19 N Main Street

    WOODSTOWN, NJ 08098
    • $779,000
    • STATUS: Active
    • ON SITE: 166 days
    • ID#: NJSA136630
    UPDATED: 42 min ago
    $779,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1938
    County:

    School Ratings & Info

    Description

    NEW PRICE.... A Smart Investment. Looking for a replacement property to complete a 1031 exchange or a profitable investment property to add to your real estate portfolio? Check out this 13 unit mixed use building in desirable Woodstown (C-1 zoning district) with separate utilities and off-street recently paved parking area. The building in nearly 100% rented, consists of eight (8) apartments and five (5) retail tenants and offers the wise investor a nice return on investment. Great downtown location, well maintained by owners, long term tenants and four coin operated washer/dryer units for additional monthly income make this investment good as gold. The (5) retail space tenants pay for their electric and the (8) apartment tenants pay for their electric (all electric heat). Owners recent improvements include; painting exterior building (2019), removing carpet/installing laminate flooring, installing new asphalt (2") in rear parking area, installing custom corrugated metal ceiling tiles with recess lighting and much more...

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Team Sordelet Realty Group | Berkshire Hathaway HomeServices, Fox & Roach Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-24T21:49:22.343.
    www.teamsordelet.com/homes/101605183

    19 N Main Street WOODSTOWN, NJ 08098

    • Price: $779,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: NJSA136630
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1938
    Built
    Neighborhood:
    Woodstown Boro (21715)
    County:
    Salem
    Area:
    Woodstown Boro (21715)
    School District:
    Woodstown-Pilesgrove Regi Schools
    Property Description
    NEW PRICE.... A Smart Investment. Looking for a replacement property to complete a 1031 exchange or a profitable investment property to add to your real estate portfolio? Check out this 13 unit mixed use building in desirable Woodstown (C-1 zoning district) with separate utilities and off-street recently paved parking area. The building in nearly 100% rented, consists of eight (8) apartments and five (5) retail tenants and offers the wise investor a nice return on investment. Great downtown location, well maintained by owners, long term tenants and four coin operated washer/dryer units for additional monthly income make this investment good as gold. The (5) retail space tenants pay for their electric and the (8) apartment tenants pay for their electric (all electric heat). Owners recent improvements include; painting exterior building (2019), removing carpet/installing laminate flooring, installing new asphalt (2") in rear parking area, installing custom corrugated metal ceiling tiles with recess lighting and much more...
    Exterior Features

    Construction Materials BrickMasonry Garage YN No Location Type Downtown Lot Features Corner Parking Types None Property Condition Good Riparian Rights YN No Road Responsibility Boro/Township Roof PitchedShingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 15540.00 Building Features Fire Escape Cooling None Exclusions Tenant Personal Property Fireplace YN No Flooring Carpet Heating Forced Air Heating YN Yes Leasable Area 0 Net Square Feet 15540.00 Room List Master Bedroom Walls Ceilings Other

    Property Features

    Acceptable Financing Conventional Accessibility Features Mobility Improvements Assessment Year 2019 Association YN No Building Name Peterson Building Business Type Apartment Building Central Air YN No Condo YN No Cooling Fuel Electric Cross Street Bowen Electric 200+ Amp Service Existing Lease Type Net Foundation Details Brick/Mortar Gross Income 131208.00 Heating Fuel Natural GasElectric Historic YN No Hot Water Natural Gas Incorporated City Name Woodstown Boro Insurance Expense 9931.00 Lease Considered YN No Maintenance Expense 868.00 Navigable Water YN N Net Operating Income 70001.00 New Construction YN No Number Of Units Leased 13 Operating Expense 61207.00 Operating Expense Includes InsuranceLandscapingSewerSnow RemovalTrashWaterElectric Original MLSNumber 302173151015 Other Expense 48680.00 Owner Pays InsuranceLawn/Shrub CarePest ControlSewerSnow RemovalTaxes - Real EstateWaterTrash Collection Ownership Interest Fee Simple Possession 61-90 Days Cd Property Sub Type Five Or More Units Rent Includes WaterSewerParkingInsuranceSnow RemovalTaxesPest Control Sale Type Standard Sewer Public Sewer Tax Annual Amount 26589.00 Tax Assessment Amount 739000.00 Tenant Pays ElectricityHeatGasHot Water Total Actual Rent 131208.00 Trash Expense 1728.00 Utilities Water AvailableSewer AvailableElectric AvailablePhoneCable Tv Available Vacation Rental YN No Water Source Public Year Built Effective 2019 Zoning C-1

    Listing courtesy of Warner Real Estate & Auction Company.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Team Sordelet Realty Group | Berkshire Hathaway HomeServices, Fox & Roach Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-24T21:49:22.343.
     
    The Team Sordelet Realty Group | Berkshire Hathaway HomeServices, Fox & Roach Realtors
    850 Library Ave Ste 106
    Newark DE, 19711